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EADS says net rose 1%, lifts forecast

LONDON -- European Aeronautic Defence & Space Co. said third-quarter net profit edged up 1%, and it raised its forecast for 2005 profit on stronger Airbus deliveries.

EADS, which owns 80% of jet maker Airbus, expects its second-half profit to be hit by less-favorable currency-hedging rates and higher research-and-development costs related to the freighter version of the so-called superjumbo A380 plane and the planned wide-bodied...